No. 1 Story
ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreMore From
Optus turns in positive numbers
Stuart Corner
Thursday, 14 May 2009 05:11
Page 2 of 2
Of these just over half , 424,000 are served by its HFC network, a number that has changed little in the past year, growing by just three percent. About another 100,00 customers take only telephony on the Optus HFC network. Optus is continuing to exit broadband resale and at 31 March had just 103,000, half the number a year ago.Optus capex for the full year was $1,041m, down 7.9 percent despite a massive 63.7 percent increase in investment in its mobile network, to $495m. Capex budgets in all other areas were slashed: Business and Wholesale Fixed by 37 percent to $256m, Consumer and SMB fixed by 16.6 percent to $107m and other capex by 37.6 percent to $182m.
During the quarter Optus invested $128 million in the mobile network, $72 million for the expansion of its 3G and HSPA network. Most of the capex in Business and Wholesale in Q4 went on the D3 satellite, customer access and core network transmission networks.
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